For The Wealthiest, A Private Tax System That Saves Them Billions

Thursday, December 31, 2015

“There’s this notion that the wealthy use their money to buy
politicians; more accurately, it’s that they can buy policy, and
specifically, tax policy. That’s why these
egregious loopholes exist, and why it’s so hard to close them.” ” Jared Bernstein, a senior fellow at the
left-leaning Center on Budget and Policy Priorities who served as chief
economic adviser to Vice President Joseph R. Biden Jr.